Hi,
I recently came across with this Network marketing business, conducted by a multinational organization called Qnet which operates under QI Group in Malaysia/Hong Kong. This is quite popular in some of the Asian countries. The customer base is claimed to be quite large, 13million and is from 150+ countries.
I want to know, if this business falls under a Pyearamid scheme or any other illegal business scheme, as per Rules and Regulations in Australia. I was going through the Competition and And Consumer Act 2010 - Schedule 2 - Division 3 and am not quite sure if Qnet falls under the illegitimate category. I'm also not sure if that's the right place to look at, to find the answers for my question.
Appreciate if you could provide an answer with facts and proofs.
Thanks
I recently came across with this Network marketing business, conducted by a multinational organization called Qnet which operates under QI Group in Malaysia/Hong Kong. This is quite popular in some of the Asian countries. The customer base is claimed to be quite large, 13million and is from 150+ countries.
I want to know, if this business falls under a Pyearamid scheme or any other illegal business scheme, as per Rules and Regulations in Australia. I was going through the Competition and And Consumer Act 2010 - Schedule 2 - Division 3 and am not quite sure if Qnet falls under the illegitimate category. I'm also not sure if that's the right place to look at, to find the answers for my question.
Appreciate if you could provide an answer with facts and proofs.
Thanks